FX.co ★ Zambia’s Annual Inflation Inches Up to 6.3% in October 2026

Zambia’s consumer price inflation edged higher in October 2026, with the year-over-year Consumer Price Index (CPI) reaching 6.3%, up from 6.1% recorded in September 2026. The data, updated on 29 October 2026, indicates a modest acceleration in price growth compared with a year earlier.

The figures are based on a year-over-year comparison, where the October 2026 CPI reflects the change in prices relative to October 2025, while the September 2026 reading compared prices against September 2025. The slight uptick suggests that inflationary pressures have strengthened marginally as the fourth quarter begins, though they remain relatively contained within a narrow range.

The move from 6.1% to 6.3% may draw attention from policymakers and market participants tracking price stability and its implications for interest rates, household purchasing power, and broader economic conditions in Zambia.